Blockchain.com Brings Crypto Heat to the Sunshine State

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25 August 2021

Blockchain.com, a major cryptocurrency exchange, announced on Tuesday that it had received a money transfer license from the state of Florida. This means Florida residents can now legally buy and sell Bitcoin and other cryptocurrencies on its platform.

Blockchain.com announced in early June that it would be moving its headquarters from New York to Miami, and it was one of the early players in what has been a movement to form a crypto capital in the Magic City. Blockchain.com CEO Peter Smith made the announcement along with Miami Mayor Francis Suarez. At the time, Smith said he planned to hire 100 full-time employees by the end of 2021 and about more than 200 in 2022.

The company is on track to achieve this goal. Here’s an update: Blockchain.com is currently looking to fill over 70 open positions in the Miami area. A new Florida-specific Careers page is now available on its website.

While the Miami movement aims to build a city that lasts forever and works for everyone, it has spread far beyond Miami, Miami Mayor Francis Suarez said in a statement. I am delighted that our movement has spurred significant innovation and investment across the state. I applaud Blockchain.com for its continued efforts to recruit and open up its products so that Florida’s 22 million residents can now trade crypto, putting financial independence at their fingertips.

Blockchain.com has a post-money valuation of $ 5 billion and has raised nearly $ 500 million in venture capital funding. The company has 32 million verified users in over 200 countries using its products, including its popular non-custodial wallet, the fastest exchange for commerce, a block explorer to verify transactions, and an institutional marketplaces business. .

Blockchain.com has launched a series of announcements regarding relocations and new offices in the crypto space. Also in June, crypto trading platforms eToro and FTX also announced expansions in Miami, and blockchain-focused venture capital group Borderless Capital said it would move its headquarters to Miami and launch a $ 25 million fund. of dollars. More recently, financial group BlockTower Capital announced that it would be moving its entire team from New York to Brickell. And yesterday, Okcoin announced that the crypto exchange will put one of its seven offices in Miami and create 100 jobs.

As a hub of innovation, cybersecurity and fintech, Miami-Dade is a great fit for Blockchain.com, said Michael A. Finney, president and CEO of the Miami-Dade Beacon Council. Our global business community offers the talent, partners and global connectivity that businesses depend on for continued growth. We support Blockchain.com’s efforts to provide greater availability of crypto trading to residents of Florida and rely on the high value-added, high-growth jobs they bring to our community. Supporting job creation and long-term prosperity for Miami-Dade residents and businesses is at the heart of what we do as an organization, and Blockchain.com’s expansion is a valuable part of that growth. .

Follow @ndahlberg on Twitter and email him at [email protected]

I am a writer and editor with extensive media experience and a passion for journalism and community service. Most of my career has been spent with the Miami Herald in business news, and my expertise is writing about technology and entrepreneurs. I love hosting this blog for Refresh Miami and we aim to be the go-to site for news, features, and views of South Florida startups and tech. You have news ? Contact me at [email protected]. Thanks for reading!

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